As of 5 Oct 2026, Bank of India offers up to 6.70% p.a. on its recurring deposit (RD) (3 Years) for general customers and 7.60% p.a. (3 Years) for senior citizens. Rates below are as published by the bank — confirm with BoI before investing.
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to | As of | Source |
|---|---|---|---|---|---|---|
1 Year |
6.50% | 7.15% | Any amount | 18 May 2026 |
official fetched 24 Sept 2026 ✓ verified 5 Oct 2026 |
|
Above 1 Year to less than 2 Years |
6.50% | 7.15% | Any amount | 18 May 2026 |
official fetched 24 Sept 2026 ✓ verified 5 Oct 2026 |
|
2 Years to less than 3 Years |
6.60% | 7.25% | Any amount | 18 May 2026 |
official fetched 24 Sept 2026 ✓ verified 5 Oct 2026 |
|
3 Years |
6.70% | 7.60% | Any amount | 18 May 2026 |
official fetched 24 Sept 2026 ✓ verified 5 Oct 2026 |
|
Above 3 Years to less than 5 Years |
6.25% | — | Any amount | 18 May 2026 |
official fetched 24 Sept 2026 ✓ verified 5 Oct 2026 |
|
5 Years to less than 8 Years |
6.00% | — | Any amount | 18 May 2026 |
official fetched 24 Sept 2026 ✓ verified 5 Oct 2026 |
|
8 years & above to up to 10 Years |
6.00% | — | Any amount | 18 May 2026 |
official fetched 24 Sept 2026 ✓ verified 5 Oct 2026 |
As of 5 Oct 2026, Bank of India offers up to 6.70% p.a. on its recurring deposit (RD) (3 Years) for general customers and 7.60% p.a. (3 Years) for senior citizens. Rates below are as published by the bank — confirm with BoI before investing.
Yes. Senior citizens (60+) earn up to 0.90% p.a. more than general customers at Bank of India, depending on the tenure.
Deposits with Bank of India are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
RateScan.in refreshed this dataset on 5 Oct 2026; the bank's rates shown here are effective 18 May 2026. Rates can change without notice, so verify on the official BoI website before investing.
Deposits with Bank of India are insured by DICGC up to ₹5,00,000 per depositor (principal + interest). Senior citizens (60+) typically earn an extra 0.50% p.a. over the published general rates.
Informational only — always confirm the current rate on the official BoI website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.
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